Pacific Seafood will Acquire Trident Seafoods Kodiak Operations
Trident Seafoods and Pacific Seafood have reached a preliminary agreement for Pacific Seafood to acquire Trident’s processing operations in Kodiak, Alaska. While the transaction is still subject to completion of the due diligence process, both firms expect to finalize the agreement by November.
In a joint statement, the companies emphasized their shared commitment to maintaining job security and ensuring uninterrupted operations throughout the transition.
“Our top priority is to reassure employees and the fleet that this is a handoff, not a shutdown,” said Joe Bundrant, CEO of Trident Seafoods. “We are committed to a smooth transition with Pacific Seafood, so they are well prepared to operate for the 2025 A season.”